AUGUST 2023

VOlUME 06 ISSUE 08 AUGUST 2023
The Study of Foreign Exchange Exposure of Vietnamese’ Companies
1HuiChen Chiang, 2YihChing Tsaih, 3Mai Nguyen Cong Thuan
1,2,3Ming Chuan University, Taiwan
DOI : https://doi.org/10.47191/ijsshr/v6-i8-67

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ABSTRACT

Most of previous studies about exchange rate exposure focus on big international and trading companies in developed markets that are proved to exist. This paper uses Vietnam as a developing market and examines a sample of domestic companies to see whether they are influenced by exchange rate risks. As expected, Vietnamese domestic companies are influenced by exchange rate exposure with the fluctuations of USD, EUR and JPY during the period 2011-2018 with significant relationship with EUR, JPY and no relationship with USD. No industry effect is shown in this study. The results have useful implications for individual investors, domestic company managers and policy makers.

KEYWORDS:

Exchange Rate Exposure; Vietnamese Companies; Currency Risks

REFERENCES

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VOlUME 06 ISSUE 08 AUGUST 2023

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